Cost Controller Section Head

Company: AFCO (Al Thawaqh Food Company)
Department: Finance – Cost Control
Location: Head Office, Dammam, Saudi Arabia
Reports To: AFCO Finance Manager

Job Summary

AFCO is seeking an experienced Cost Section Head to lead cost control across its multi-brand restaurant outlets, warehouses, central kitchens, and franchise operations throughout Saudi Arabia, ensuring accurate food costing, inventory control, COGS management, and profitability.

Key Responsibilities

Lead cost control operations and implement effective cost-control policies and procedures.
Monitor actual versus ideal food costs, COGS, wastage, and inventory variances across all outlets.
Manage recipe costing, BOM, yields, portion standards, and menu profitability.
Oversee stocktaking, inventory reconciliation, stock transfers, returns, and adjustments.
Lead month-end cost closing and ensure accurate inventory and COGS reporting.
Analyse supplier price changes, food-cost variances, and promotional profitability.
Support menu pricing, budgeting, franchise cost control, and cost-saving initiatives.
Ensure accurate costing and inventory transactions across ERP and POS systems.
Prepare cost reports, support audits, and implement corrective actions.
Lead and develop the Cost Control team.

Requirements

Bachelor's degree in accounting or finance; CMA or SOCPA certification preferred.
8–10 years of cost control experience, including at least 5 years in multi-brand restaurant or F&B operations.
Minimum 3 years of team leadership experience.
Strong knowledge of food costing, COGS, recipe costing, BOM, inventory control, and financial analysis.
Hands-on experience with MSD/D365 ERP and restaurant POS systems.
Advanced Excel skills; Power BI or VBA knowledge is an advantage.
Fluency in Arabic and English.

Key Competencies

Food Cost Control COGS Analysis Recipe & BOM Costing Inventory Management ERP/POS Systems Financial Reporting Team Leadership Process Improvement